Market Update: Ethereum and Solana Excel; Rabel Satoshi Sees Surging Interest

Celý článek

TLDR

• Ethereum surges 12% as investors flock to the market due to whale activity.
• Solana gains 19% in a week, but experts believe a downward correction is due soon.
• Investors focus on Rebel Satoshi to get the promised presale returns.

The crypto market is holding a green candle after starting December with bulls on the front foot. As a result, top altcoins like Ethereum (ETH) and Solana (SOL) have recorded double-digit gains. Meanwhile, Rebel Satoshi ($RBLZ), an upcoming meme coin, has seen tremendous investor interest after surging 30% in three weeks.

Will Ethereum and Solana continue climbing to match Rebel Satoshi’s growth? Let’s find out!

Ethereum Gains 12% In a Week: Will It Maintain Bullish Trajectory?

Ethereum has performed well over the past seven days. On December 1, ETH was changing hands at around $2,096.21. After days of moderate gains, ETH spiked sharply on November 7 after a whale account dumped 569.908 Chainlink (LINK) tokens to purchase 3,500 ETH.

This whale activity saw ETH jump as high as $2,379.08 on November 8 before leveling off at around $2,353.50. This price means ETH has gained 12.27% in a week. This bullish performance has left investors asking, will ETH continue trading in the green until the end of the year?

According to experts, Ethereum will continue correcting downward as the excitement around the whale activity fades. To this end, experts set the end-of-year ETH prediction at $2,247.04. Based on this forecast, experts advise adding ETH to the list of altcoins to watch before the much-anticipated 2024 rally.

Solana Gains 19% Over Seven Days: More Gains Coming?

Solana has displayed a stellar performance over the past seven days. On December 1, SOL was trading at around $60.63. After days of sideways trading, SOL gained bullish momentum on November 6 after Solana Labs’s co-founder, Anatoly Yakovenko, unveiled plans to launch new models of Saga, a Solana-powered smartphone.

This news introduced a strong buying force that saw SOL climb as high as $73.93 on December 8 before stabilizing at $72.71. Despite the slight downtrend, this price means SOL has surged 19.92% in a week. So, based on this admirable performance, is SOL a top crypto to buy for massive gains before year’s end?

Per experts, SOL will pull back as the buzz around the news of plans to roll out new Saga models decreases. As such, experts set the end-of-2023 SOL prediction at $69.69. This forecast effectively removes SOL from the list of altcoins to buy for massive returns in 2023.

Rebel Satoshi Sees an Influx of Investors After Jumping 30% During Its Early Bird Round!

Rebel Satoshi, an upcoming meme coin that seeks to decentralize the crypto space further, has effortlessly attracted investors since the start of its public presale. Investors are finding Rebel Satoshi the best cryptocurrency project to invest in because of its unique mission to rouse and rally the sleeping sheep and take on centralized organizations.

Moreover, $RBLZ, the governance and membership token of the Rebel Satoshi ecosystem, boasts a robust tokenomics structure. Specifically, $RBLZ has a supply cap of 250 million tokens, which sets it apart from other meme coins. Moreover, $RBLZ features a burning mechanism, which burns tokens in circulation to shrink the supply further.

Currently, Rebel Satoshi is in Warriors Round 2 of its ongoing presale, with $RBLZ going for $0.018. Thus far, Early Bird Round investors that bought $RBLZ at $0.010 have realized an 80% ROI. Notably, this number will increase to 150% when $RBLZ hits its listing price of $0.025.

Rebels Round 1 investors will realize a 92.30% ROI when $RBLZ hits $0.025. This promised price surge makes now the ideal time to buy $RBLZ.

For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram

The post Market Update: Ethereum and Solana Excel; Rabel Satoshi Sees Surging Interest appeared first on Cryptonews.